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DOC

CloudMD Software & Services TSXV:DOC Stock Report

Last Price

CA$0.41

Market Cap

CA$121.9m

7D

-3.5%

1Y

-79.5%

Updated

27 Jun, 2022

Data

Company Financials +
DOC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

DOC Stock Overview

CloudMD Software & Services Inc. operates as a healthcare technology company in North America.

CloudMD Software & Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CloudMD Software & Services
Historical stock prices
Current Share PriceCA$0.41
52 Week HighCA$2.35
52 Week LowCA$0.36
Beta1.7
1 Month Change1.22%
3 Month Change-48.77%
1 Year Change-79.46%
3 Year Change36.07%
5 Year Changen/a
Change since IPO-66.80%

Recent News & Updates

Jun 20
CloudMD Software & Services Inc.'s (CVE:DOC) Intrinsic Value Is Potentially 39% Above Its Share Price

CloudMD Software & Services Inc.'s (CVE:DOC) Intrinsic Value Is Potentially 39% Above Its Share Price

In this article we are going to estimate the intrinsic value of CloudMD Software & Services Inc. ( CVE:DOC ) by taking...

Shareholder Returns

DOCCA HealthcareCA Market
7D-3.5%3.4%0.3%
1Y-79.5%-33.7%-4.0%

Return vs Industry: DOC underperformed the Canadian Healthcare industry which returned -33.7% over the past year.

Return vs Market: DOC underperformed the Canadian Market which returned -4% over the past year.

Price Volatility

Is DOC's price volatile compared to industry and market?
DOC volatility
DOC Average Weekly Movement12.7%
Healthcare Industry Average Movement8.5%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: DOC is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: DOC's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aKaren Adamshttps://investors.cloudmd.ca

CloudMD Software & Services Inc. operates as a healthcare technology company in North America. The company operates through three segments: Clinic Services & Pharmacies, Digital Health Services, and Enterprise Health Solutions. It offers enterprise health solutions, including mental health support, healthcare navigation, rehabilitation and assessments, education, and absence management and occupational health.

CloudMD Software & Services Fundamentals Summary

How do CloudMD Software & Services's earnings and revenue compare to its market cap?
DOC fundamental statistics
Market CapCA$121.90m
Earnings (TTM)-CA$31.08m
Revenue (TTM)CA$134.93m

0.9x

P/S Ratio

-4.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DOC income statement (TTM)
RevenueCA$134.93m
Cost of RevenueCA$91.01m
Gross ProfitCA$43.92m
Other ExpensesCA$75.01m
Earnings-CA$31.08m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.10
Gross Margin32.55%
Net Profit Margin-23.03%
Debt/Equity Ratio9.6%

How did DOC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DOC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DOC?

Other financial metrics that can be useful for relative valuation.

DOC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA-11.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does DOC's PS Ratio compare to its peers?

DOC PS Ratio vs Peers
The above table shows the PS ratio for DOC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.6x
PHA Premier Health of America
0.4x20.9%CA$32.4m
CBDT Empower Clinics
4.8xn/aCA$38.3m
QIPT Quipt Home Medical
1.3x21.8%CA$204.4m
AKU Akumin
0.09x17.5%CA$64.5m
DOC CloudMD Software & Services
0.9x15.0%CA$121.9m

Price-To-Sales vs Peers: DOC is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1.6x).


Price to Earnings Ratio vs Industry

How does DOC's PE Ratio compare vs other companies in the CA Healthcare Industry?

Price-To-Sales vs Industry: DOC is good value based on its Price-To-Sales Ratio (0.9x) compared to the Canadian Healthcare industry average (1.4x)


Price to Sales Ratio vs Fair Ratio

What is DOC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DOC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio1.2x

Price-To-Sales vs Fair Ratio: DOC is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).


Share Price vs Fair Value

What is the Fair Price of DOC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DOC (CA$0.42) is trading below our estimate of fair value (CA$0.56)

Significantly Below Fair Value: DOC is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DOC's PEG Ratio to determine if it is good value.


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Future Growth

How is CloudMD Software & Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


45.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: DOC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: DOC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: DOC's revenue (15% per year) is forecast to grow faster than the Canadian market (6.9% per year).

High Growth Revenue: DOC's revenue (15% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DOC's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has CloudMD Software & Services performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-66.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DOC is currently unprofitable.

Growing Profit Margin: DOC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DOC is unprofitable, and losses have increased over the past 5 years at a rate of 66.5% per year.

Accelerating Growth: Unable to compare DOC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DOC is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (-68.2%).


Return on Equity

High ROE: DOC has a negative Return on Equity (-11.52%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is CloudMD Software & Services's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DOC's short term assets (CA$84.4M) exceed its short term liabilities (CA$57.2M).

Long Term Liabilities: DOC's short term assets (CA$84.4M) exceed its long term liabilities (CA$53.3M).


Debt to Equity History and Analysis

Debt Level: DOC has more cash than its total debt.

Reducing Debt: DOC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DOC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if DOC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is CloudMD Software & Services's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DOC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DOC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DOC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DOC has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Karen Adams

1

Tenure

Ms. Karen Adams, MD, serves as President at CloudMD Software & Services Inc. since June 21, 2021 and served as Chief Health Innovation Officer since September 2020. She serves as Chief Executive Officer at...


Leadership Team

Experienced Management: DOC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: DOC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DOC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.4%.


Top Shareholders

Company Information

CloudMD Software & Services Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CloudMD Software & Services Inc.
  • Ticker: DOC
  • Exchange: TSXV
  • Founded: 2013
  • Industry: Health Care Services
  • Sector: Healthcare
  • Implied Market Cap: CA$121.896m
  • Shares outstanding: 298.76m
  • Website: https://investors.cloudmd.ca

Location

  • CloudMD Software & Services Inc.
  • 885 West Georgia Street
  • 2200 HSBC Building
  • Vancouver
  • British Columbia
  • V6C 3EH
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.